Managing airport capacity and demand: an economic approach
This paper reviews major research trends and opportunities in airport demand and capacity management from an economic perspective. Airport capacity constraints lead to operational congestion and delays, which have become major threats to the aviation industry. They impose large costs on airlines and...
| Autores: | , |
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| Tipo de recurso: | artículo |
| Fecha de publicación: | 2022 |
| País: | España |
| Institución: | Universidad Autónoma de Madrid |
| Repositorio: | Biblos-e Archivo. Repositorio Institucional de la UAM |
| Idioma: | inglés |
| OAI Identifier: | oai:repositorio.uam.es:10486/734440 |
| Acceso en línea: | https://hdl.handle.net/10486/734440 https://dx.doi.org/10.1088/1757-899X/1226/1/012024 |
| Access Level: | acceso abierto |
| Palabra clave: | Airport management Strategic planning Capacity expansion Demand uncertainty Airport development Economía |
| Sumario: | This paper reviews major research trends and opportunities in airport demand and capacity management from an economic perspective. Airport capacity constraints lead to operational congestion and delays, which have become major threats to the aviation industry. They impose large costs on airlines and their passengers. Uncertainty in demand or unexpected events can cause a mismatch between capacity and demand, resulting in either capacity oversupply, with a decrease in efficiency, or airport congestion over an extended period. Moreover, airport capacity is rather difficult to define due to its multi-faceted and dynamic nature, and it depends both on the available infrastructure and on operating procedures. The non-linear relationship between airport capacity and on-time performance offers guidelines for congestion mitigation through demand and capacity management. This paper explores and produces an indepth understanding of the capacity and demand balance problem and provides a roadmap for including economic concepts when evaluating airport capacity expansions |
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